Where Are College Bookstores Headed? Get the 2019 Report

At many college bookstores, revenues from textbooks and course materials continues to shrink every year – something that's already well known but proven to be difficult to fix. With competition from online giants like Amazon and a digital transformation in course materials, university administrators need new strategies to improve sales while continuing to meet student needs.

The brand new 2019 College Business Officers Survey we just completed reveals how higher ed institutions plan to meet these challenges with innovative, low-cost, digital options.

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August 22, 2019 | by Eric Choi | in Online Bookstore, Course Materials

5 Benefits Universities See After Adopting a Managed Online Bookstore

The basic concepts taught in Physics 101 or Intro to English Lit might have gone largely unchanged for several years, but make no mistake: there are massive changes occurring within the textbook and course materials landscape.

With new expectations from students, faculty, and administrators, paired with advances in technology, course materials have transformed, disrupting the status quo. When it comes to how students obtain and interact with their course materials and how faculty and administrators adopt and distribute this content, the university bookstore is at the forefront of this disruption.

With more universities transitioning to or adding a managed online bookstore to their course material strategy, many educators want to understand what’s driving this change and what this means for their university and student success.

Here are 5 key benefits that show how managed online bookstores are an opportunity, not a challenge, for university revenue, student success, and faculty satisfaction.

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The Pace of Technological Change is Accelerating in the Course Materials Landscape

As our world grows increasingly more digital, we find that the pace of technological advancement continues to accelerate. We’re at the start of a Fourth Industrial Revolution according to Klaus Schwab, the founder and executive chairman of the World Economic Forum, and we’ve arrived at the start of this new age in less than half the time it took for the Third Industrial Revolution to occur.

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Increasing Number of Colleges and Universities Prioritizing Textbook Affordability and Student Success

Over the past academic year, 16 institutions have chosen the Akademos virtual bookstore solution, lowering textbook prices for students and offering advanced tools for faculty.

16 colleges and universities have selected Akademos as their virtual bookstore services provider for the upcoming academic year.  These partnerships highlight the growing trend for colleges and universities to prioritize textbook affordability and student academic success by moving to a virtual model for course materials.

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Midway University Partners with Akademos for New Online Bookstore Services

Akademos’ low cost course materials and highly personalized service to support student academic success

Midway University has selected Akademos as its new online bookstore provider to help students save on their textbooks. The private, liberal arts university was founded in 1847 and offers career-focused degree programs for undergraduate and graduate students. The University, located in Midway, Kentucky, will launch its Akademos bookstore on July 1 in support of its Fall Term 2018.

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June 19, 2018 | by Jonathan Shar | in Partnerships, Course Materials

Fort Hays State University to Launch New Hybrid Bookstore with Akademos and indiCo

Akademos virtual course material store will provide students with lower cost course materials and indiCo will provide an innovative retail environment on campus

Fort Hays State University (FHSU) has announced a partnership with Akademos, to provide a full-service, virtual course materials store and indiCo, to provide the institution with a best-in-class on campus store for all general merchandise such as FHSU clothing and gifts, school supplies, tech accessories and more. The hybrid partnership will dramatically lower textbook prices and provide an innovative and customized retail environment on campus.

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